Ascension Health's $2B Cayman project

Ascension Health Alliance executives say their joint venture to build a $2 billion "health city" in the Cayman Islands with an India-based hospital group will bring high-quality, low-cost medicine to the Caribbean and South America. "We're not considering this a medical tourism facility. That's not the intent at all," said Anthony Tersigni, president and chief executive of Edmundson-based Ascension Health Alliance, which runs the nation's largest Catholic and nonprofit health system.